The Democratic Republic of Congo is looking forward to securing an additional $200 million financing from the International Monetary Fund (IMF) to strengthen its foreign exchange reserves and stabilise the exchange rate after a successful review of its economic and financial policies.
The funding is part of the sixth and last review of Kinshasa’s economic and financial policies under the IMF’s three-year Extended Credit Facility (ECF) programme that was approved in July 2021 for a total funding of SDR 1.06 billion (about $1.52 billion).
